TOSHIBA-CORPORATION

Toshiba Corporation (TOKYO:6502) today broke ground on a new Hydrogen
Application Center at its Fuchu Complex in western Tokyo. Scheduled to
start operation in April 2017, the center will be built around a newly
designed H2One™
hydrogen power system that will use renewable energy to produce hydrogen
and supply it to fuel-cell powered forklifts operating in Fuchu Complex.
Fuel cells can be quickly refueled and are available 24 hours a day, a
clear advantage over batteries.

Mr. Hiroyuki Ota, Project Manager of Toshiba’s Energy Systems and
Solutions Company noted: “The Hydrogen Application Center is a stepping
stone to building a new business. We will utilize experience and
know-how gained from the Hydrogen Application Center to develop and
deliver a H2One™
for use in factories, warehouses, logistics
facilities and airports. We want to make Fuchu Complex an environmental
model factory for the realization of a carbon-free society where
hydrogen energy is widely used.”

The system is controlled by Toshiba’s groundbreaking hydrogen energy
management system, H2EMS™, which includes a new hydrogen demand
prediction function that forecasts supply requirements for fuel cell
vehicles, allowing space saving optimization of the area devoted to
hydrogen storage.

Toshiba Energy Systems & Solutions Company continues to contribute to
the global expansion of hydrogen energy solutions, and the transition to
a low-carbon hydrogen economy.

About Toshiba

Toshiba Corporation, a Fortune Global 500 company, channels world-class
capabilities in advanced electronic and electrical product and systems
into three focus business fields: Energy
that sustains everyday
life, that is cleaner and safer; Infrastructure
that sustains
quality of life; and Storage
that sustains the advanced
information society. Guided by the principles of The Basic Commitment of
the Toshiba Group, “Committed to People, Committed to the Future”,
Toshiba promotes global operations and is contributing to the
realization of a world where generations to come can live better lives.

Founded in Tokyo in 1875, today’s Toshiba is at the heart of a global
network of 551 consolidated companies employing 188,000 people
worldwide, with annual sales surpassing US$50 billion (as of March 31,
2016).